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Stocks

“AMD falls 17%, posts worst day since 2017 as Lisa Su addresses guidance concerns”

February 11, 2026

“Advanced Micro Devices CEO Lisa Su defended the company’s lackluster forecast, telling CNBC on Wednesday that the chipmaker has seen a step up in demand in recent months as shares plummeted 17% for their worst session since May 2017…” https://www.cnbc.com/2026/02/04/amd-lisa-su-ai-demand-guidance-earnings.html Short article. I’m only… Continue Reading…

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Business

“PlayStation maker Sony overcomes memory crunch to post 22% jump in profits”

February 11, 2026

“…Sony also raised its annual revenue projection by 300 billion yen to 12.3 trillion yen, or 3%, while keeping its estimated losses from U.S. tariffs at 50 billion yen. Meanwhile, the board approved increasing the share buyback program to 150… Continue Reading…

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Stocks

“Oracle stock gains 36% to post best day since 1992, adding $244 billion in value

September 11, 2025

“Oracle stock climbed 36% after the company reported gobsmacking cloud demand numbers. The cloud giant is on pace for its best day since 1992, and is now quickly approaching the $1 trillion market cap benchmark The company said it has $455… Continue Reading…

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Economy, Stocks

“Dow surges 2,900 points, S&P 500 posts biggest gain since 2008…”

April 10, 2025

“The stock market mounted one of its biggest rallies in history after President Donald Trump announced a pause in some of his “reciprocal” tariffs on the globe, causing a market that has been under extreme pressure for the past week… Continue Reading…

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Stocks

“Alibaba shares fall 6% after the Chinese tech giant posts 86% drop in profit”

May 15, 2024

“…Net income attributable to ordinary shareholders came in at 3.3 billion yuan, down 86% year on year. Shares of Alibaba closed down 6% in the U.S. after falling as much as 8.1% in the first hour of trading…” https://www.cnbc.com/2024/05/14/alibaba-baba-earnings-q4-2024.html The… Continue Reading…

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Business

“Stripe rival Adyen’s shares soar 22% as European payments giant posts profit beat, slows hiring”

February 19, 2024

“Shares of European online payments giant Adyen jumped on Thursday, after the company reported strong sales growth and better-than-expected profit for 2023. Adyen, which competes with Stripe, PayPal, and Block, told shareholders in its 2023 annual letter that it had slowed the… Continue Reading…

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Business, Economy

“Critical chip firm ASML posts 30% surge in full-year revenue but signals slowdown in 2024”

January 25, 2024

“…ASML reported 27.6 billion euros in revenue for 2023, higher than the 21.2 billion euros of the year before. That was a 30% year-on-year rise. Shares of ASML provisionally ended up 9.7%… The Dutch government, following U.S. pressure, introduced curbs in… Continue Reading…

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Cryptocurrencies

“After false SEC post on ETF, bulls still see bitcoin at all-time highs this year”

January 12, 2024

“…a post from the account of the U.S. Securities and Exchange (SEC) on the X social media platform, formerly known as Twitter, on Tuesday claimed that the long-awaited bitcoin exchange-traded fund (ETF) had been approved. It turned out it hadn’t. Instead, the SEC… Continue Reading…

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Business

“China’s largest chipmaker SMIC posts a 80% drop in third-quarter profit”

November 10, 2023

“China’s largest chipmaker SMIC on Thursday posted a 80% drop in third-quarter profit as global demand weakness hit foundries hard. Net income for the quarter ended September plunged 80% compared to a year ago — larger than the 64% drop posted in second quarter… Continue Reading…

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Business

“Honda posts 78% rise in Q1 profit on U.S. sales jump”

August 9, 2023

“Japan’s Honda Motor reported a 78% rise in quarterly profit on Wednesday, boosted by increased sales, especially in the North American market, and a weaker yen… Like other automakers, Honda said it benefited from strong sales to retail customers in… Continue Reading…

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